Sherwood Valley

A resident-owned community

How much does it cost to live in Sherwood Valley?

 

Community members decide whether to increase the rent and by how much.

  • Each Member household pays two charges.
  • The first is the one-time Membership Fee of $100. And, Members get their Membership Fee back if they sell their homes.
  • The second charge is the lot rent, which is collected monthly, to pay for operating expenses like taxes, insurance, trash/recycling collection and the Corporation’s mortgage payments.
  • Lot rent is currently $465 per month.
  • We now have control over when and why our rent changes.
  • Find out more about the application process here.